According to the Zhitong Finance App, UTS MARKETING (06113) announced the results for the year ended December 31, 2023. The group obtained revenue of RM94.439 million, an increase of 8.5% 5; profit during the year was RM10.305 million, an increase of 1.62% over the previous year; and basic profit per share was RM2.58.

The overall average number of service seats booked each month decreased slightly from 1,159 for the year ended 31 December 2022 to 1,110 for the year ended 31 December 2023.

However, despite the reduction in seat orders, the monthly revenue generated per service seat increased from RM6259 for the year ended 31 December 2022 to RM7090 for the year ended 31 December 2023, mainly due to higher billable rates in the banking and finance industry and other sectors (particularly charities and other customers).